Illinois General Assembly - Illinois Compiled Statutes

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215 ILCS 5/500-120

(215 ILCS 5/500-120)

(Section scheduled to be repealed on January 1, 2027)

Sec. 500-120.

Conflicts of interest; inactive status.

(a) A person, partnership, association, or
corporation licensed by the
Department
who, due to employment with any unit of government
that would cause a conflict
of interest with
the holding of that license, notifies the Director
in writing on forms
prescribed by the Department
and, subject to rules of the Department, makes payment
of applicable licensing
renewal fees, may
elect to place the license on an inactive status.

(b) A licensee whose license is on inactive status
may have the license
restored by
making application to the Department on such form as may
be prescribed by the
Department.
The application must be accompanied with a fee of $100 plus
the current
applicable license fee.

(c) A license may be placed on inactive status for a 2-year period, and upon
request,
the inactive status may be extended for a successive 2-year period not to
exceed a cumulative 4-year inactive period.  After a license has been  on
inactive status for 4 years or more, the licensee
must meet all of the standards required of a new applicant before the license
may be restored to
active status.

(d) If requests for inactive
status are not renewed as set forth in subsection
(c), the
license will be taken off the inactive status and the license will lapse
immediately.

(Source: P.A. 92-386, eff. 1-1-02; 93-32, eff. 7-1-03.)